SHA:688508 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	123.86	392.62	1,099	519.6	709.75	987.89
Short-Term Investments	-	171.91	-	-	-	-
Trading Asset Securities	2,078	1,306	740.66	380.74	428.32	-
Cash & Short-Term Investments	2,202	1,871	1,839	900.33	1,138	987.89
Cash Growth	19.66%	1.72%	104.28%	-20.89%	15.20%	195.36%
Accounts Receivable	255.84	260.81	207.21	139.2	129.82	197.01
Other Receivables	0.82	1.04	1.52	1.57	1.4	0.91
Receivables	256.66	261.85	208.73	140.78	131.22	197.92
Inventory	389.56	309.41	213.3	196.26	101.98	76.98
Other Current Assets	25.75	19.28	42.85	93.26	34.8	6.46
Total Current Assets	2,874	2,461	2,304	1,331	1,406	1,269
Property, Plant & Equipment	224.64	172.29	174.6	169.01	151.51	20.58
Long-Term Investments	139.25	237.06	227.98	168.65	34.82	-
Goodwill	16.92	16.92	16.92	16.92	16.92	-
Other Intangible Assets	14.18	19.44	23.11	16.22	15.74	1.62
Long-Term Deferred Tax Assets	34.16	37.26	28.94	15.87	6.09	3.11
Long-Term Deferred Charges	4.53	4.45	1.01	1.38	1.59	1.51
Other Long-Term Assets	10.11	0.7	2.12	1.46	1.69	99.06
Total Assets	3,318	2,949	2,779	1,720	1,634	1,395
Accounts Payable	108.62	91.04	70.51	106.14	46.79	37.67
Accrued Expenses	34.64	36.2	29.17	42.03	22.06	12.37
Short-Term Debt	345.2	233.13	119.1	40.01	-	-
Current Portion of Leases	1.13	2.45	4.44	3.82	3.03	-
Current Income Taxes Payable	1.16	0.4	0.31	0.87	1.23	3.11
Current Unearned Revenue	5.59	5.29	6.83	4.77	4.87	2.6
Other Current Liabilities	93.65	77.65	41.72	18.57	28.72	41.38
Total Current Liabilities	590	446.16	272.07	216.22	106.7	97.14
Long-Term Leases	1.21	1.58	5.05	7.28	7.09	-
Long-Term Unearned Revenue	14.24	14.29	15.31	25.04	3.87	6.89
Long-Term Deferred Tax Liabilities	0.61	0.78	1	1.22	1.45	-
Total Liabilities	606.06	462.81	293.43	249.77	119.1	104.03
Common Stock	131.31	131.31	131.29	113.32	113.1	112.8
Additional Paid-In Capital	1,887	1,899	1,900	963.69	919.95	864.1
Retained Earnings	789.38	627.29	535.08	503.51	481.52	314.08
Treasury Stock	-96.77	-166.01	-77.56	-109.94	-	-
Comprehensive Income & Other	0.16	0.17	0.16	0.15	0.11	0.12
Total Common Equity	2,712	2,492	2,489	1,471	1,515	1,291
Minority Interest	-	-5.67	-3.59	-0.35	0.66	-
Shareholders' Equity	2,712	2,487	2,485	1,470	1,515	1,291
Total Liabilities & Equity	3,318	2,949	2,779	1,720	1,634	1,395
Total Debt	347.54	237.16	128.59	51.12	10.11	-
Net Cash (Debt)	1,854	1,634	1,711	849.21	1,128	987.89
Net Cash Growth	15.35%	-4.50%	101.43%	-24.71%	14.18%	195.36%
Net Cash Per Share	14.48	12.77	14.38	7.47	9.97	10.30
Filing Date Shares Outstanding	129.05	127.44	127.99	111.62	113.1	112.8
Total Common Shares Outstanding	129.05	127.44	130.1	111.62	113.1	112.8
Working Capital	2,284	2,015	2,032	1,114	1,299	1,172
Book Value Per Share	21.01	19.56	19.13	13.18	13.39	11.45
Tangible Book Value	2,680	2,456	2,449	1,438	1,482	1,289
Tangible Book Value Per Share	20.77	19.27	18.82	12.88	13.10	11.43
Buildings	-	137.9	137.93	95.77	53.19	13.81
Machinery	-	94.59	78.16	60.01	40.68	28.94
Construction In Progress	-	0.38	0.36	36.99	72.51	0.38

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.